Why Is Paypal (PYPL) Down 7.7% Since Last Earnings Report?

It has been about a month since the last earnings report for Paypal (PYPL) . Shares have lost about 7.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Paypal due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PayPal Q1 Earnings Beat Estimates, Revenues Up Y/YPayP ...